taxes Property Tax Assistance

2016 Confidence Interval Detail

156/Martin
058-905/Klondike ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
G1 121,276,585 0.9857 123,036,000 11 203 .016722381
G1 122,323,189 1.0207 119,842,450 9 54 .006862978
G1 120,405,160 1.0035 119,985,212 7 19 .000858453
G1 116,808,710 1.0127 115,343,843 3 5 .000642387
Random Totals: 480,813,644   478,207,505 30 281  
Catg D1 Exception Values: 13,497,120   10,264,278      
Total Test Values (4): 494,310,764   488,471,783      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,423,589

Confidence Interval Values (5)

State Lower Limit: 464,048,194 (State Test Value minus Margin of Error Percent)
Local Test Value: 494,310,764 (Within Confidence Interval)
State Upper Limit: 512,895,372 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 522,363,947 (See ISD Summary Worksheet)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories